On 
5 January 1944, 
Odilo Globocnik wrote to 
Heinrich Himmler from 
Trieste, setting out 
details of the economic plunder of 
Aktion Reinhard.  
It followed an earlier report that 
Globocnik had submitted on 
4 November 1943. 
In fine detail, 
Globocnik calculated the gross yield to Germany of the murder 
of some 2 million Jews at a sum in excess of 178 million 
Reichsmark, then equal to US$71 million. The equivalent 
value today (
2004) would be approximately US$760 million. Impressive though this 
figure is, it represents no more than a fraction of the true extent of the larceny involved. 
In the second of his letters, 
Globocnik was at pains to stress the accuracy of his 
bookkeeping, since "
a certain odium still rests upon me to the effect that in all 
economic matters I do not 
maintain the necessary order." 
Globocnik was right to be concerned; after 
all, he had been dismissed as 
Gauleiter of 
Wien in 
January 1939 because of illegal currency dealings. 
Doubtless, his reputation went before him, and he could hardly have been comforted by the web of corruption within 
the SS revealed by the investigations of SS Judge 
Konrad Morgen in 
1943. Yet could 
Himmler have really believed that 
Globocnik’s financial statements were accurate? On 
Globocnik’s own admission, "
What is remarkable about 
the accounting is that no hard and fast basis for the amount collected existed, as the collection 
of the assets was carried out under 
orders and only the decency and honesty, as well as the surveillance, of the SS men used for this purpose could 
guarantee a complete delivery." In other words, a financial free-for-all had prevailed. There was no real 
supervision in place, no adequate system of checking and controlling the vast sums involved. But this was hardly 
surprising. An ideology based upon theft and murder produces thieves and murderers, and whilst economic considerations 
were never allowed to override the racial imperative, the two went hand-in-hand in the National Socialist state.
Theft, larceny and extortion could be characterised at two levels – the governmental, "legal" in the sense that 
any act of government can be legalised, and personal, "legal" in that it was authorised (sometimes tacitly) by 
government and "illegal", as practised by countless thousands of German civilians, members of the armed forces, 
SS and police. And, as the opportunity arose, by many citizens of the countries occupied by, or allied to, Germany. 
Although it can be said that 
Aktion Reinhard entered its main extermination phase with the commencement 
of killing operations at 
Belzec in 
March 1942, and concluded with 
"
Aktion Erntefest" in 
November 1943, 
the periods preceding commencement and following conclusion are important for an understanding of the 
economic development and importance of Nazi economic policy. In turn, it is necessary to examine the way in which 
these policies were formulated, and for that a brief overview of the methods adopted in the 
Reich and the 
manner in which these were varied in the occupied territories is required.  
The template for the economic exploitation and expropriation of Jewish property was laid down in the early 
stages of the Third 
Reich’s existence. "The Law for the Reestablishment of the Professional Civil Service" was 
enacted by decree on 
7 April 1933, little more than two months after the Nazi’s 
seizure of power. At a stroke, 
all "non-Aryan" members of the civil service were compelled to retire. It was the first in a series of such decrees. 
Over the coming months and years, Jews were barred from practising law and medicine, dismissed from the 
armed forces, prohibited from engaging in journalism and from the arts. No profession was left open to them. 
Employers in every kind of undertaking were encouraged to dismiss their Jewish workforce. The conditions of 
dismissal for employees became steadily worse, and the later a Jew was removed, the less his compensation 
or pension. Ultimately, it became very difficult for Jews to remain in any kind of employment. 
On 
14 June 1938, the Ministry of the Interior published a decree defining a 
"Jewish enterprise". This was the initial 
move in the compulsory transfer of Jewish businesses into German hands. Previously, a Jewish business 
could be either liquidated, and disappear, or be "Aryanized", and purchased by Germans. "Aryanization" 
was in turn either voluntary (until 
November 1938), or thereafter, compulsory. 
The term "voluntary" was a misnomer, 
since there was no open market negotiation of a business’ value. Jewish enterprises were purchased at heavily 
discounted prices, encouraged by a series of government measures calculated to drive values down. The 
introduction of compulsory "Aryanization" was effected through "trustees", appointed by the Ministry of Economics. 
In many cases, virtually no compensation was paid for the acquisition of Jewish assets. The city of 
Fürth, 
for example, obtained 100,000 
Reichsmark of Jewish communal property for 100 
Reichsmark. The process was 
simple; the "trustee" paid as little as possible and sold on to a German buyer for as much as possible. The difference 
went to the 
Reich, at least in theory. In practice, German purchasers were reluctant to pay the real market 
value of Jewish enterprises, and it became necessary for the government to introduce an "equalization" tax in order 
to collect their share of the spoils. In general, the purchaser of a Jewish business rarely paid more than 75% of its 
value and frequently paid less than 50%. The profit to the business sector from this state controlled theft can be 
calculated in billions of 
Reichsmark.
But the state had acquired little direct financial benefit from this policy. Its windfall was to come from a penal 
system of taxation. This comprised two property taxes – the so-called "
Reich Flight Tax" and the so-called 
"Atonement Payment". The "
Reich Flight Tax" had, in fact been in existence since 
December 1931, more than one 
year before 
Hitler attained power, and was intended to extract a proportion of the 
value of the assets of those emigrating from Germany. By combining their enthusiasm for the emigration of Jews with a 
lowering of the tax threshold, during their brief tenure in office, the Nazis obtained in the region of 900 million 
Reichsmark from Jewish emigrants.
The "Atonement Payment" arose in the wake of the assassination of 
Ernst vom Rath  
by 
Herschel Grynszpan and the subsequent 
Reichskristallnacht of 
9 - 10 November 1938. The Jewish community were "fined" an amount which eventually 
amounted to 1.126 billion 
Reichsmark 
by way of reparation, payable in four instalments. The combined proceeds of the two taxes, an amount in excess of 2 
billion 
Reichsmark, was an essential contribution towards an economy that was heading for meltdown because of 
excessive spending on armaments. The "Atonement Payment" also set the precedent for future German methods of extortion 
in the occupied countries.
By 
1939, the remaining Jewish community of Germany, now half its former 
size because of emigration, 
was impoverished. Those Jews who were still in employment had their wages reduced and their taxes increased. 
What could be purchased with the little that was left to them was severely restricted by the imposition of rationing, 
as the Germany economy entered a war footing. Rations for Jews were fixed at a level lower than that of the 
general population. Together with a host of other restrictions, even the hours during which Jews were allowed 
to shop were limited.
The economic exploitation of the 
Reich Jews had maintained at least a façade of legality. With the invasion 
of Poland, that façade was stripped away. The Jewish community of Germany had significant amounts 
of capital, but were relatively few in number. In Poland, that position was precisely reversed. But that did 
not mean that the opportunity for theft was to be overlooked. It had taken six years to pauperise the Jews 
of Germany. The same result was achieved with Poland's Jews in a matter of weeks. Robbery of Polish 
Jews and looting of their property became the norm. In every town and village, Jews were forced to hand 
over not merely gold, currency and other valuables, but virtually anything consumable, including furniture 
and clothing. Even items such as birdcages, door handles and hot-water bottles were looted. Any excuse, 
or none at all, became the pretext for extortion. In the 
Warsaw Ghetto, 
Adam Czerniakow wrote in his diary:
"
It is raining. Fortunately that does not involve charges on the community." 
Czerniakow's irony is understandable; the Jews of 
Warsaw had already been forced to pay for the erection of the wall that 
imprisoned them. Often, hostages were taken to ensure payment of Nazi demands. 
  | 
| Wloclawek Synagogue | 
One example among many will suffice: on 
Yom Kippur 1939, the Germans burnt down two 
synagogues in the town of 
Wloclawek. The fire spread to neighbouring houses. 
The Nazis took 26 men into custody, forcing them 
to sign a confession that they had started the fire. The men were then arrested, and told they would be 
released on payment of a ransom of 250,000 Zloty. The Jewish population raised the money. 
Shortly after, a new fine of 500,000 Zloty was imposed on the Jewish population for supposedly not 
obeying the ban on their using the pavement.
Shortly after the entry of the German army into every town, soldiers and members of the civil 
administration plundered Jewish homes. In many cases the local non-Jewish population helped the 
Germans in searching for wealthy Jewish houses and shops. At the beginning of the Nazi occupation, 
some confiscations of Jewish property were organised officially, but in many cases this looting was 
undertaken on the private initiative of local Germans. 
Ida Gliksztajn, 
a survivor from the 
Lublin Ghetto described her experiences:
"
On one occasion, two German soldiers and an official from the town hall arrived 
to take pillow-cases 
and sheets. It was at the beginning of the occupation and they gave us a receipt for about four 
pieces of linen. Another time, several soldiers came to take the table, sofa bed and chandelier. 
One Friday morning, two civilians and a man in uniform visited us. They were looking for 
counterpanes but instead they took away a violin and a camera. On yet another occasion, the 
Germans searched for gold. The search lasted the whole day. They ordered all of the women 
in the house to undress themselves. We were not spared mockery and vulgar remarks."
Extortion on a grand scale took place throughout Poland. How much of these "fines" found their 
way into the coffers of government is questionable. It was for good reason that 
Hans Franks 
Generalgouvernement (that part of Eastern Poland 
not incorporated into the 
Reich) was known as the "Gangster 
Gau". A similar pattern was to emerge in 
other territories occupied by the Nazis following the invasion of the former Soviet Union.
By 
November 1939, all Jewish bank accounts in the 
Generalgouvernement had 
been blocked. Jews were only permitted to withdraw 250 zloty per week from these blocked accounts, or a larger 
amount if needed for business purposes. At the same time, they had to deposit all cash reserves in 
excess of 2,000 Zloty into the blocked account. On 
24 January 1940, a decree 
was issued requiring 
the Jews of the 
Generalgouvernement to register all property, including clothes, cooking utensils, 
furniture and jewellery. Simultaneously, all Jewish property was subject to confiscation. Jewish 
businesses were rapidly liquidated. In less than two years, 112,000 enterprises were reduced to 3,000. 
The raw materials and finished goods of these liquidated firms provided a handsome windfall for the 
Germans. The businesses themselves were sold to 
Volksdeutsche for the price of the machinery 
and inventory only. Poles ejected from the proposed ghetto areas were re-housed in the vacated 
Jewish apartments, as were resettled 
Volksdeutsche. The better Jewish homes were plundered 
for furniture. 
Even the creation of the ghettos themselves had a partial economic consideration behind it. 
Ghettos were a much cheaper proposition than concentration camps. There was no need to 
construct barracks, provide sanitation or light and heat. Guarding them was much simpler, and 
cramming the Jews into a designated area facilitated robbery. In the 
Warthegau, 
Arthur Greiser said of the ghettos:
"
The Jews will remain there until what they have amassed to exchange for food is returned." 
This was the essential economic thinking 
behind the ghettos - press the Jews into a restricted area, steal from them what can be stolen, 
forbid them to practise their professions or engage in gainful employment, maintain rations at starvation 
level, and before they eventually die, they will be forced to exchange whatever remains of their wealth for 
food. Which, to a great extent, is what happened. Typically, a ghetto resident would make up the deficit 
in his or her weekly budget by selling some of their remaining personal possessions. There was 
some trade between Jews, but in the main, a system of barter of goods for food with their fellow 
non-Jewish citizens occurred. Since this was very much a buyer’s market, there was often no correlation 
between the true value of these articles and the price the seller received. It has been estimated that 
during the occupation, wages in the 
Generalgouvernement rose 100%. In contrast, compared to 
September 1939, the price of food in 
Warsaw 
markets had increased twenty-seven fold by 
May 1942.
Incarceration in ghettos also opened up new possibilities for self-enrichment. The only legal source 
of food was that purchased by the 
Judenräte with funds collected from the ghetto population. 
The food was supplied by the 
Transferstelle, 
Ghettoverwaltung (German administrative authorities) 
or by municipal administration. The 
Judenräte would pay for a specified quantity of food. Frequently, 
a lower quantity was delivered. Moreover, if delivered, the food was usually of the lowest possible 
quality, often inedible. Men like 
Hans Biebow in 
Lodz and many like him in 
other ghettos accumulated great wealth from such transactions. In addition, only the smuggling of 
food into the ghetto made existence possible at all. The opportunity for the bribery and corruption 
of officials, from the heads of ghetto administrations to guards at ghetto gates, were endless, and fully 
exploited by those in authority.
Initially, compulsory Jewish labour was only utilised for the most menial and strenuous work – 
clearing rubble, draining swamps, building fortifications and the like. But in 
mid-1940, 
a shortage of skilled manpower forced the Germans to the realisation that the Jews could be put to more 
productive use. In the wake of the occupying army, a host of would-be entrepreneurs had descended 
on Poland. Men such as 
Oskar Schindler and 
Walter Toebbens arrived in much the same manner that carpetbaggers 
had swooped on the Confederate States in the wake of the American Civil War. The pickings were rich. 
When paid at all, salaries were miniscule. In 
Warsaw, after deductions, an average 
workshop employee 
received 3 - 5 Zloty per day – not enough to buy half a loaf of bread. In many ghettos and factories, 
even this tiny salary was not paid. The Jews became, quite literally, slave workers. They were "owned" 
by the SS, who received an agreed daily rate from the industrialists for every labourer provided to them. 
The workers’ reward was a midday plate of thin soup and a slice of bread. Given an insatiable demand 
by the 
Wehrmacht and others, together with minimum costs, even employers such as 
Oskar Schindler, whose pre- and post-war activities hardly 
suggest an acute business brain, could hardly fail to turn a profit.
Many German industrialists and merchants created large enterprises utilising Jewish labour. Some 
German companies even controlled monopolies in the 
Generalgouvernement for certain products, 
and most of their workers were Jewish. A good example of this was 
Viktor Kremin's 
company, which confiscated all Jewish enterprises in the districts of 
Radom, Lublin 
and Galicia concerned 
with the gathering of glass, iron, paper and rags. 
Kremin not only seized the 
buildings and stores of these entities, but also availed himself of the former Jewish owners together with their 
workers. Because the gathering of industrial waste was important for the war economy,  
Kremin's workers were actually temporarily saved at the time of the first 
wave of deportations to the death camps.
At the same time, the SS themselves entered the market as major exploiters of Jewish labour. 
Oswald Pohl, a former naval paymaster, set up a chain of SS 
enterprises in labour and concentration camps. The organisation he controlled eventually evolved 
into the 
Wirtschafts-Verwaltungshauptamt 
(
WVHA). Initially consisting of two main companies, 
German Earth and Stone Works (
Deutsche Erd- und Steinwerke / DEST) and German Equipment 
Works (
Deutsche Ausrüstungswerke / DAW), the organisation expanded to encompass divisions 
involved in agriculture, food production, textiles and leather and other activities. One of the most
important of these was the production of munitions. Whereas in 
1940, the Jews had 
been considered 
incapable of productive labour, by 
April 1944 more than 28,000 of them were employed in the 
armaments industry alone – and this after the slaughter of 
Aktion Reinhard had ceased. At its height, 
the 
WVHA had a work force of more than 500,000 concentration camp prisoners at its disposal, making 
Pohl one of the most powerful men in the SS. It was 
Pohl who masterminded the economic aspects of 
Aktion Reinhard, 
organizing the disposal of the personal possessions of the murdered Jews. For the utilization of 
Jewish labour was only an intermediary step prior to their murder. In 
Pohl's 
words: "
Employable Jews who are migrating to the East will have to interrupt 
their journey and work in war industry." 
Indeed, the use of slave labour was itself part of the extermination process, for the SS were hardly 
caring employers, and working and living conditions in the camps and in the industries they supplied, 
were uniformly dreadful.
On 
1 December 1942, 
Himmler wrote to 
Pohl, stating that he had looked at the machinery and equipment in the 
Warsaw Ghetto following the deportation of most of that city's Jews to 
Treblinka. According to 
Himmler, this equipment represented a windfall worth "hundreds of millions", 
even though the majority of the machinery was actually private property. Utilising this equipment, 
together with that recovered from the 
Bialystok Ghetto on 
12 March 1943, 
the SS formed a new 
company, 
Ostindustrie GmbH (Osti), operating within the framework of the 
WVHA. At its peak, 
Osti employed thousands of Jews in various enterprises in 
Dorohucza, 
Lublin,  
Radom, 
Lviv (Lwow) and 
Trawniki. In the various work camps of the 
Lublin district and in 
Majdanek alone, there were about 
50.000 Jewish prisoners who worked for the 
Osti factories. 
Globocnik, 
who was the head of 
Osti, even wanted to transfer Jews from the 
Lodz Ghetto to the 
Lublin 
district and to 
use them as workers for his company. Because of the refusal of 
Biebow 
to cooperate and the liquidation of the Jewish work camps in the 
Lublin district, 
this idea was never pursued. The 
Osti enterprise was short-lived. On 
3 November 1943, 
most of its workforce was shot in the 
Aktion Erntefest. It was a classic example of racial policy 
taking precedence over economic necessity.
  | 
| Dental Gold | 
  | 
| Chopin Street Depot | 
The city of 
Lublin was the nerve centre of 
Aktion Reinhard. It was from here 
that the operation was organised and administered, and to here that the vast bulk of the proceeds of mass murder 
were sent. 
Globocnik issued instructions for a central register of all property 
confiscated in the camps to be set up. 
Georg Wippern was placed in charge of valuables and 
Hermann Höfle was made responsible 
for the sorting of clothing. At camps established at the 
Airfield Camp (
Flugplatz-Lager), 
and 
Lipowa Street (
Lipowa Straße), 
at the depot on 
Chopin Street and elsewhere in the city, as well at 
Majdanek concentration camp in 
the city's suburbs, thousands of Jews laboured in conditions of the utmost harshness and brutality to 
sort, repair, disinfect and pack everything from underwear and bedding to watches and currency. 
Nothing was to be omitted. 
Women's hair, shaved at the entrance to the 
gas chambers, was sent 
to Germany to be woven into felt stockings for railroad workers, socks for submarine crews, and perhaps
insulation material for German submarines. Dental gold, extracted from the mouths of gassed Jews, was melted and 
delivered to the German 
Reichsbank.
  | 
| Reichsbank | 
In addition to the 
Airfield Camp and 
Chopin 
Street, 
there were two other localities in 
Lublin where 
Jewish prisoners sorted the property belonging to the victims of 
Aktion Reinhard. One of these was the
SS-Standortverwaltung (SS Garrison Administration) on 
Chmielna Street. 
The main store for valuables and money plundered in the death camps and at 
Majdanek 
was located in the building of the former ocular hospital at this address. Small groups of Jewish workers, mainly 
jewellers from the 
Lublin Ghetto and bankers deported from 
Terezin (
Theresienstadt), catalogued the 
valuables and counted the money. Money and 
valuables arrived at the 
SS-Standortverwaltung without special documentation and it was only there 
that lists of the gold and currency were prepared, prior to sending them to the 
Reichsbank. It was 
quite normal for the SS men who worked there to steal the best items for themselves. At the 
beginning of 1943, when 
Himmler visited 
Lublin, a special exhibition 
of jewellery was organised in the 
SS-Standortverwaltung. According to the only survivor from the Jewish 
commando that worked there, 
Ignacy Wieniarz,
"
it was the best and biggest exhibition of Jewish jewellery in the whole of occupied 
Europe at that time."
The other place connected with the plunder and sorting of Jewish property in 
Lublin 
was the work camp at the 
Sports Field, (
Sportplatz), 
and especially the former cosmetic factory owned before the war by the Jewish industrialist from 
Lublin, 
Roman Keindl. 
The former owner worked there too, but as the 
Lagerkapo. In his factory, which was under the supervision of 
SS-Standortarzt (Garrison Doctor) 
Sieckel, the cosmetics, medical equipment 
and medicines which had been stolen from Jewish victims were separated and itemised.
Some idea of the thoroughness of this plunder of the murdered can be gleaned from an order issued by 
August Frank of the 
WVHA to the 
Aktion Reinhard headquarters 
on 
26 September 1942. An edited version of these guidelines is worthy of reproduction: 
1. All German currency will be deposited in the 
WVHA account at the 
Reichsbank.
2. Foreign currency, precious metals, diamonds, precious stones, pearls, gold teeth and pieces of 
gold will be transferred to the 
WVHA for deposit in the 
Reichsbank.
3. Watches, fountain pens, lead pencils, shaving utensils, pen knives, scissors, 
pocket flashlights and purses will be transferred to the workshops of the 
WVHA for cleaning 
and repair and from there will be transferred to SS troops for sale.
4. Men's clothing and underwear, including shoes, will be sorted and checked. 
Whatever cannot be used by concentration camp prisoners and items of special value 
will be kept for SS-troops; the rest will be transferred to 
VoMi (
Volksdeutsche Mittelstelle / 
Department for 
Volksdeutsche, a section of the SS responsible for aiding Ethnic Germans in occupied countries).
5. Women's underwear and clothing will be sold to the 
VoMi, except for pure silk underwear 
(men's or women's), which will be sent directly to the Economic Ministry.
6. Feather-bedding, blankets, umbrellas, baby carriages, handbags, leather belts, baskets, 
pipes, sunglasses, mirrors, briefcases and material will be transferred to 
VoMi.
7. Bedding, like sheets and pillowcases, as well as towels and tablecloths will be sold to 
VoMi.
8. All types of eyeglasses will be forwarded for the use of the Medical Authority. Glasses with 
gold frames will be transferred without the lenses along with the precious metals.
9. All types of expensive furs will be transferred to the 
WVHA. Furs of lesser quality will 
be transferred to the 
Waffen-SS clothing workshops in 
Ravensbrück 
near 
Fürstenberg.
10. All articles mentioned in 4,5,6, of little or no value will be transferred to the 
WVHA for the 
use of the Economic Ministry. With regard to articles not specified above, the chief 
of the 
WVHA should be consulted as to the use to be made of them.
11. Check that all Jewish stars have been removed from all clothing before transfer. 
Carefully check whether all hidden and sewn-in valuables have been removed from 
all articles to be transferred.
The looting began in the camps themselves. Initially, the handful of deportees, selected from 
arriving transports for work within the camps, were routinely murdered after a few days at most, 
to be replaced by new arrivals. It quickly became apparent that this constant renewal of the 
workforce caused disruption to and a slowing of the extermination process. 
Franz Stangl, then commandant of 
Sobibor, and ever the efficient 
policeman, realised that a more permanent body of working prisoners was needed. To be sure, 
murder of the workforce remained an ever present in all of the camps, and the ultimate fate of 
the workers was never in doubt, but now it was at least possible to survive for more than a day 
or two. Ironically, it is thanks to 
Stangl that a handful of the working 
prisoners were to live long enough to escape from 
Sobibor and 
Treblinka and provide us with eyewitness testimony of their horrors. 
Amongst others, 
Yankel Wiernik survived for a year in 
Treblinka, 
Richard Glazar 
for ten months. In 
Sobibor, 
Toivi Blatt 
endured captivity for six months. Of 
Belzec, we have 
the testimony of 
Rudolf Reder, one of only two survivors of that camp, 
and the sole provider of written survivor evidence, 
Reder, who
was in 
Belzec for approximately 4 months.
The first camp in which these changes regarding the workforce occurred, was 
Sobibor, in 
May or June 1942, to be followed 
shortly thereafter by 
Belzec and finally by 
Treblinka in 
September 1942 on 
Stangl's appointment as commandant. 
The prisoners were organised into small work groups with specific responsibilities. The 
Goldjuden 
("Goldjews"), about 20 in number and mainly comprising jewellers, watchmakers and bank 
clerks, were responsible for receiving and sorting money, gold, foreign currency and other 
valuables. The 
Friseure (Hair Cutters) between 10 and 20 mainly former barbers, cut the hair 
of the women at the entrance to the gas chambers. The largest group, numbering 80-120, 
was the 
Lumpenkommando (Sorting Team for Clothing and Belongings). Their job was to 
collect and sort the victims' clothing and belongings and load them onto freight cars. 
The clothing was carefully examined for hidden documents and valuables, and all markings, 
such as the yellow star, which might identify the now deceased owner as a Jew, removed. There 
were several other groups concerned with the collection and sorting of goods, as well as the 
cleaning of the gas chambers, the disposal of bodies and other activities not directly connected to 
the gathering of plunder.
The value of that plunder was immense. 
Stangl himself described 
how, on arrival at 
Treblinka, where under 
Irmfried 
Eberl's command the camp regime had completely broken down:
"
I stepped knee-deep into money; I didn't know which 
way to turn, where to go. I waded in notes, currency, precious stones, jewellery, clothes. 
They were everywhere, strewn all over the square."  
Samuel Willenberg, working in the sorting area at 
Treblinka, opened sewn-up folds in clothing to remove gold coins, 
roubles, dollars and diamonds. 
Richard Glazar, another 
prisoner at 
Treblinka, tells of poles driven into the ground of the sorting yard 
bearing signs reading "Cotton", "Silk", "Wool" and "Rags". Huge piles were stacked up beneath each sign. 
Glazar commented:
"
It is all but impossible to imagine what can be found among the last things packed by 
thousands and thousands. This is a huge junk store where everything can be found – except life." 
Another 
Treblinka inmate, 
Alexander Kudlik, relates how he spent about six months going 
through nothing but gold pens for ten hours a day. At 
Belzec, 
Rudolf Reder 
described how a group of 8 dentists opened the mouths of corpses and extracted gold teeth. The 
gold, money and valuables were sent to 
Chopin Street in 
Lublin. In 
Sobibor, 
Thomas Toivi Blatt, like prisoners in all of the camps, purloined money 
and valuables to keep as a reserve in the event of escape and to barter for food with the Ukrainian guards. 
The price of a sausage was a gold watch.
  | 
| Loot Flow Chart | 
  | 
| Pohl Letter | 
A precise system was drawn up in 
Berlin for the disposal of the money and 
valuables. Coins were retained by the Precious Metals Division of the 
Reichsbank. Stocks, bonds and bankbooks 
were sent to the Securities Division of the bank. Dental gold was sent to the Prussian State 
Mint for melting. Jewellery was delivered to the 
Berlin Pawnshop. The proceeds 
of all of these activities were deposited at the Treasury, where they were credited to the Finance Ministry in 
a special account in the fictitious name of "Max Heiliger". Withdrawals from this account were 
included in the national budget.
The wealth of nations passed through these tiny camps in Eastern Poland. 
Shmuel Rajzman testified how he and others kept count of the transports 
leaving 
Treblinka with the possessions of the victims. These included 248 railway 
cars of clothing, 100 cars 
of shoes, 22 cars of material, 260 cars of bedding, about 450 cars with various articles and household goods, 
and hundreds more cars with rags; in total, about 1,500 cars full of the effects of murdered Jews. 
Rajzman also told of how he had been informed by a Jew 
responsible for packing valuables, that over 14,000 carats of diamonds alone had been sent from 
Treblinka. 
Abraham Lindwaser, also incarcerated in 
Treblinka, reported that 
during the period that transports arrived, an average of two suitcases, each containing 18 kg 
of gold, were sent from the camp each week. 
Treblinka provided the highest yield 
of booty and the 
most detailed witness testimony, but there is no doubt that the proceeds of annihilation were 
proportionate to the number of victims. If the pillage was less at 
Belzec and 
Sobibor, this was solely due to the lower numbers murdered there.
  | 
| Furs to Old Airfield | 
All the trains with clothing were sent to the 
Airfield Camp in 
Lublin, where 500 - 700 Jewish 
prisoners worked, the majority of them women. An initial sorting had taken place in the 
camps. Now the clothes were disinfected and further sorted first into men's, women's and 
children's items, then into outer and under clothing and footwear. Finally, the neatly packaged 
effects were loaded onto trains once more and distributed in accordance with 
Frank's instructions of 
26 September 1942 
(reproduced above). 
Pohl issued a report on 
6 February 1943, 
detailing the textile materials forwarded from 
Auschwitz and from 
Aktion Reinhard. Since the report dealt with 
goods transferred during 
1942, it is apparent that the bulk of the items had come from the 
Aktion Reinhard camps. The 
Reich Economic Ministry had received 262,000 complete men's 
and women's outfits, over 2.7 million kg of rags, 270,000 kg of bed feathers and 3,000 kg of 
women's hair. 
VoMi and other organizations were in receipt of a further 255 freight cars of clothing and 
textiles.
Franz Suchomel, in charge of the 
Goldjuden in 
Treblinka, related how, during 
Eberl's tenure of office as commandant of 
Treblinka, a messenger had 
arrived from the 
Führer's Chancellery. The messenger carried instructions from 
Werner Blankenburg of the euthanasia programme, to collect one 
million 
Reichsmark. A suitcase was duly filled and handed over. No questions were asked. The messenger 
returned to 
Berlin. It was only one of countless cases of pilfering by the SS at 
every level, as well as 
by their Ukrainian cohorts and anybody else unscrupulous and immoral enough to thrive on the misery of others. 
Stangl believed that his immediate superior, 
Christian Wirth, was bypassing 
Aktion Reinhard headquarters 
and transferring money and valuables direct from 
Treblinka to 
Berlin. Since, despite being nominally under 
Globocnik's command, 
Wirth 
took instructions directly from 
Viktor Brack in the 
Führer's 
Chancellery or from 
Brack's deputy, 
Blankenburg.
Stangl was probably correct in his suspicions. If so, it is likely that no 
records of these particular transactions were kept.
When returning to Germany on leave, the SS would take suitcases and parcels full of Jewish belongings. 
Abraham Krzepicki, a prisoner in 
Treblinka, 
reported how both, German and Ukrainian camp staff, had so much money he considered that they all 
became millionaires. The Ukrainian guards stole money and valuables directly from the 
Jews as they were brought to the camps. Sometimes they would burst into the barracks 
where the 
Goldjuden worked and steal whatever they could take. There was a thriving trade 
between the Ukrainian guards and the local population. Money and valuables flooded into the 
regions surrounding 
Treblinka, Sobibor and Belzec, attracting speculators by the 
score. Prostitutes arrived from 
Warsaw and elsewhere to service the Ukrainians. 
Jerzy Krolikowski, a Polish engineer who worked in the vicinity of 
Treblinka wrote:
"
The poor areas of Podlassia 
overflowed with gold, and riffraff from all over the country came there to get rich quickly and easily… 
At first (the Ukrainians) were not aware of the real value of articles, and one could buy all kind 
of things for next to nothing. Men's watches were sold literally for pennies, and local farmers 
kept dozens of them in egg baskets to offer them for sale."
The greatest benefactors of this larceny, 
of course, were the higher officers of the SS. Nobody will ever know how many millions were siphoned 
off by them. Even 
Hans Frank, Governor of the 
Generalgouvernement, 
was found guilty of purloining fur coats, gold bracelets, pens and rings as well as large quantities of food. 
Hitler stripped 
Frank 
of all his Party offices. So much for 
Globocnik's "decency and honesty".
The corruption and scandals concerning the SS men, connected with 
Aktion Reinhard, were the reason for 
the large-scale investigation organised within the SS by SS Judge 
Konrad Morgen, 
who arrived in 
Lublin in 
1943. The result of 
this investigation was the arrest of several SS men from 
Majdanek, including 
the commandant of the camp, 
Hermann Florstedt.  
The prisoners, among them the Polish political prisoner 
Jerzy Kwiatkowski, 
had seen how 
Florstedt and others often stole Jewish property:
"
SS men are looking for valuables. Apart from rummaging through the clothes and suitcases, 
they unstitch the pillows, in which Schutzhaftlagerführer Thumann 
finds diamonds and other precious stones. And Rapportführer Kostial 
and other SS men are digging personally with spades in the Rosengarten 
(Rose Garden), where the Jews spend the first night, or where during the day they wait in the queue for the 
gas chambers or the bath. The SS are finding whole handfuls of rings, diamonds, gold, US Dollars and Russian 
Roubles there."
The corruption affair at 
Majdanek resulted in the death sentence for 
Florstedt. In 
1945, he was executed in 
either the 
Buchenwald or 
Leitmeritz 
concentration camp. 
Morgen investigated 800 cases of corruption and murder, with 
200 resulting in sentences. Amongst others executed was another sometime commandant of 
Majdanek, 
Karl Koch. 
Hermann Hackmann, who had been in charge of protective custody at 
Majdanek, was initially condemned to death, but instead was posted to a penal unit. 
It should be stressed that 
Morgen was in no way concerned with the acts of 
murder and robbery carried out in the name of 
Aktion Reinhard; these crimes were not only "legal", but also 
essential. Rather, it was the "illegal" crimes, carried out for personal gratification or self-enrichment that 
concerned him. Nothing better illustrates the absurd dichotomy inherent in Nazism than this spectacle of isolated 
cases of murder being investigated in places where thousands were murdered daily. In any event, 
Himmler became nervous about where 
Morgen's 
probing was leading. In 
April 1944, 
Morgen 
was ordered to confine himself to the 
Koch case. All other investigations 
were stopped. 
The end of 
Aktion Reinhard did not signify the cessation of the murder and exploitation of the Jews. 
Indeed, 
Auschwitz-Birkenau was about to enter its most lethal and lucrative phase. 
Jews continued to work as slave labourers in the 
Lodz Ghetto until its 
liquidation in 
August 1944, and at many other labour 
and concentration camps until the war's end. Under 
Albert Speer, 
who utilised millions of slave labourers for the purpose, armaments production soared to new 
heights in 
1944 - 45. But the killing and thievery never stopped.
The real economic value of 
Aktion Reinhard is impossible to calculate. Large amounts of money 
and valuables never found their way into the hands of the murderers. Tens of thousands of Jews 
died en route to the camps, or were shot on arrival, and were buried in their clothes. 
Abraham Krzepicki recounted how, on being instructed to 
clear the 
Schlauch at 
Treblinka (the path leading to the gas chambers), 
his group of workers 
found "a veritable windfall of banknotes which people had torn up and thrown away before they 
died." Papers which the Germans considered of no value, such as life insurance policies and share 
certificates were burned in the 
Lazarett, together with letters, photographs and other personal effects. 
The worth of such items is unknown, and unknowable.
In the final analysis, 
Globocnik's report was merely the tip of a 
gigantic iceberg. How much of the plunder found its way into the vaults of Swiss Banks from 
Nazi government and personal sources, can never be calculated. 
Stangl 
had no doubt that the economic implications of 
Aktion Reinhard were of primary importance:
 
"
Have you any idea of the fantastic sums that were involved?" he asked 
Gitta Sereny rhetorically. "
That's how the steel 
in Sweden was bought." 
Even the economies of neutral countries had benefited. The extent to which the looting fuelled the 
post-war West German 
Wirtschaftswunder (Economic Miracle) is a matter for speculation. 
Certainly, major German banks and industries had profited handsomely from the annihilation 
of the Jews. Poles, Ukrainians, Byelorussians and others moved into vacated Jewish premises. 
They remain there in safety, for the Jews will never return. The value of property simply destroyed, 
either by the Jews themselves in the face of death or by the Nazis and their collaborators, is incalculable. 
Add to this the value of tens of thousands of slave labourers, working at little or no cost to their masters, 
and the immensity of the larceny becomes apparent.
Yet there is another dimension to this tragedy. For how is it possible to quantify the value of 
2 million lives cut short? Some victims were middle-aged, most in the prime of life. 
Perhaps 500,000 of them were children. If a single life is priceless, how can a value be 
placed on so many lives? For the Nazis not only stole the accumulated wealth of generations 
and annihilated a society and a culture which had flourished for 500 years - they destroyed 
that society's future capacity to earn, produce, create and expand. In laying waste to the past, 
they also succeeded in obliterating the future. That is what was lost, and that is the true economic cost of 
Aktion Reinhard. 
Sources: 
1) Hilberg, Raul. 
The Destruction of the European Jews, Yale University Press, New Haven, 2003
 
2) Arad, Yitzhak. 
Belzec, Sobibor, Treblinka - The Operation Reinhard Death Camps, 
Indiana University Press, Bloomington and Indianapolis, 1987 
3) Gutman, Israel, ed. 
Encyclopedia of the Holocaust, Macmillan Publishing Company, New York, 1990 
4) Padfield. Peter. 
Himmler – Reichsführer-SS, Macmillan Publishers Limited, London, 1991
5) Höhne Heinz. 
The Order Of The Death's Head, Pan Books Limited, London, 1972
6) Gutman Yisrael and Berenbaum Michael, eds. 
Anatomy Of The Auschwitz Death Camp, Indiana 
University Press, Bloomington and Indianapolis, 1994
7) Epstein Eric Joseph and Rosen. 
Dictionary Of The Holocaust, Greenwood Press, Westport 
Connecticut and London, 1997
8) Gutman Yisrael. 
The Jews Of Warsaw 1939-1943, Indiana University Press, Bloomington and Indianapolis, 1989
9) Burleigh Michael. 
The Third Reich – A New History, Pan Macmillan Limited, London 2001
10) Arad Yitzhak, Gutman Israel and Margaliot Abraham, eds. 
Documents On The Holocaust, 
University of Nebraska Press, Lincoln and London, 1999
11) Gilbert Martin. 
The Holocaust – The Jewish Tragedy, William Collins Sons & Co. Limited, London, 1986
12) Donat Alexander, ed. 
The Death Camp Treblinka, Holocaust Library, New York, 1979
13) Sereny Gitta. 
Into That Darkness – From Mercy Killing To Mass Murder, Random House UK Limited, 1995
14) Reder Rudolf. 
Belzec, Fundacja Judaica w Krakowie, Krakow,1999
15) Blatt Thomas Toivi. 
From The Ashes Of Sobibor, Northwestern University Press, Evanston Illinois,1997
16) Glazar Richard. 
Trap With A Green Fence, Northwestern University Press, Evanston Illinois, 1999
17) Willenberg Samuel. 
Revolt In Treblinka, Zydowski Instytut Historyczny, Warsaw 1992
18) Goldhagen Daniel Jonah. 
Hitler's Willing Executioners, Little, Brown and Company, London, 1996
19) Kwiatkowski Jerzy. 
485 dni na Majdanku, Wydawnictwo Lubelskie, Lublin 1966.
20) Archive of the State Museum Majdanek in Lublin. 
Jewish memoirs and testimonies.
21) Archive of the Jewish Historical Institute. 
Collection of the testimonies by Holocaust survivors.